Africa General 

Winners and losers: How are African governments progressing?

On Monday, the Mo Ibrahim Foundation launched the 2016 Ibrahim Index of African Governance (IIAG), which assesses and ranks all 54 of the continent’s countries based on their quality of governance. Progress is measured using four categories: ‘Safety and Rule of Law’, ‘Participation and Human Rights’, ‘Human Development’, and ‘Sustainable Economic Opportunity’.  This year’s index signifies 10 years of rankings and data collection, and the researchers have used the opportunity to reflect on the continent’s progress over the last decade. Here are the key findings. Top gainers: Côte d’Ivoire takes…

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Adverts Business Economy 

Why Africa’s private equity-bubble worries are misplaced

The rapid increase in investment funds has raised concerns that a private equity bubble is emerging – essentially that too much money is chasing too few companies – and pushing the prices of available African assets to high levels. The crash in global prices for the commodities upon which many African economies heavily depend has heightened this concern. Political events and a terrorist presence in several northern and central African nations have added to fears that the continent’s impressive economic revival over the past decade is in jeopardy. The commodity…

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General 

Nigerian Users’ Privacy under the Protection of new Kaspersky Internet Security – multi-device

LAGOS, Nigeria, October 10, 2016/ — Kaspersky Lab (www.Kaspersky.co.za) announces the availability of the new version of its flagship security solution, Kaspersky Internet Security – multi-device in Nigeria, which provides users with additional opportunities to manage their Internet protection and to ensure the safety of their data. Kaspersky Internet Security – multi-device (http://APO.af/PSUxYu) 2017 is a security solution for the whole family; that protects Windows, Mac, and Android users against malware, dangerous sites, online tracking, fraud and money theft. This year, Kaspersky Lab products for Windows have integrated several new…

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Education General 

Accelerating Innovation with Leadership

Accelerating Innovation with Leadership By Bill Gates As the U.S. presidential candidates lay out competing visions for the country, I have been thinking about a topic they have not yet discussed in detail: what political leadership can do to accelerate innovation. Innovation is the reason our lives have improved over the last century. From electricity and cars to medicine and planes, innovation has made the world better. Today, we are far more productive because of the IT revolution. The most successful economies are driven by innovative industries that evolve to…

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Africa Economy 

Regional health forum participants call for new measures to reduce harmful non-communicable diseases across Africa and the Middle East

Harm reduction should be central to effective public health strategies Prof. Dr. A. Sameh Farid, Founder and President, New Giza University & Former Minister of Health, Egypt, Amadou Mahtar Ba, Founder, All Africa and Prof. Barthelemy Nyasse, University of Bamenda, Cameroon LONDON, United Kingdom,  Scientists, healthcare providers, policymakers and private sector companies met in Dubai for the first ever Middle East and Africa (MEA) Health Forum on ‘Harm Reduction for Healthier Societies’. With a focus on obesity and tobacco, participants at the inaugural forum considered some of the major developments and transformative innovations being…

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Africa Economy 

Mercer appoints Mustafa Faizani Market Leader & CEO of its India, Middle East, Turkey and Africa Market

Mercer , a global consulting leader in advancing health, wealth and careers, and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC) has appointed Mustafa Faizani, a 10 year Mercer veteran, as Market Leader & CEO for its IMETA region, which comprises India, the Middle East, Turkey and Africa. He will also serve as CEO of Mercer UAE. Mercer has had a presence in Africa since 2013. Faizani will focus on building Mercer’s capabilities in this critical growth market to deliver innovative products and solutions, provide high-quality client…

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Africa Business Economy General 

Hilton to Open Hotel in Africa’s Tallest Development

Hilton Nairobi Upper: Iconic $110 Million Hilton Nairobi Upper Hill Marks Hilton Hotels & Resorts’ 50th Property in Africa NAIROBI, Kenya, — Hilton Worldwide (NYSE:HLT) (www.HiltonWorldwide.com) has signed a management agreement with Jabavu Village Ltd to open a 255 guest-room and suite hotel in Kenya’s capital. The hotel is set to open in 2020 and joins 50 Hilton Hotels & Resorts properties trading or under development in 17 countries across Africa. “In recent years Upper Hill has grown to become a hub for international businesses and organisations, with a number of embassies…

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Africa Business Economy 

Cautious Optimism for Investors in Sub-Saharan Africa Hotel Sector

Investor sentiment for hotels in Sub-Saharan Africa remains positive despite economic headwinds in key markets, according to the latest JLL research into the sector KIGALI, Rwanda, October , 2016/ — Investor sentiment for hotels in Sub-Saharan Africa remains positive despite economic headwinds in key markets, according to the latest JLL research (http://APO.af/4zhrDO) into the sector. The long-term outlook continues to be strong and is driven by positive economic, demographic and tourism trends, with all indicators pointing to continued hotel demand growth as the region’s economy and hotel sector continue to mature.…

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General Technology 

Michelin Launches its new XDR3 Earthmover Tyre

The new MICHELIN XDR3 responds to the needs of mine operators by incorporating three key innovations DUBAI, United Arab Emirates, October, 2016/ — The new 40.00 R 57 and 53/80 R 63 MICHELIN XDR3 ( tires have been designed for rigid dump trucks operating in surface mines. One of the main challenges facing mine operators today is to reduce the cost per ton by improving operational efficiency, while still ensuring safety for all within the workplace, and thus increasing profitability. The new MICHELIN XDR3 responds to the needs of mine operators…

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Africa Sports 

MoneyGram Guangzhou Open African League (G.O.A.L.) Football Tournament to Kick Off in Guangzhou

Guangzhou is home to a large African community with significant populations from Senegal, Ghana, Nigeria,Congo, Kenya and Uganda GUANGZHOU, China, October  2016/ — MoneyGram G.O.A.L. , a new five-a-side football tournament, is launching in Guangzhou, China. MoneyGram Guangzhou Open African League (G.O.A.L.) will take place for the first time on October 22, 2016 at the Act Club, Tianhebei Road. The tournament will run for three consecutive Saturdays and culminate in the Grand Finals on November 5, 2016. MoneyGram G.O.A.L. brings a professional football tournament to Guangzhou, which is home to a…

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